Entity Owned Property summary
The Shops at Monocacy is a neighborhood strip shopping center in Frederick, Maryland, totaling 111,166 square feet and anchored by a Giant Food store of 57,240 square feet. The center is located on the north side of Frederick along MD Route 26 and near Monocacy Boulevard, providing access to major transportation routes. The property is surrounded by a growing residential area with ongoing single-family and multi-family development. A 1,375-square-foot retail space is part of the center’s leasable inventory.
Property profile
VerifiedCap rate & NOI
Current use
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Physician
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Hearing Aid Store Audiologist
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Grocery & Convenience Store Specialty Food Shop
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Physician
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Physician
Location
Value estimations
Owner & transaction history
Zoning & alternative use
A. All uses permitted in the GC General Commercial District, and B. Multi-family residential dwellings which may be permitted provided the requirements set forth in (d)(1) below are met. Under no circumstances shall resi…
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
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Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
GC · Frederick, MDA. All uses permitted in the GC General Commercial District, and B. Multi-family residential dwellings which may be permitted provided the requirements set forth in (d)(1) below are met. Under no circumstances shall resi…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
A. All uses permitted in the GC General Commercial District, and B. Multi-family residential dwellings which may be permitted provided the requirements set forth in (d)(1) below are met. Under no circumstances shall resi…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for GC in Frederick, MD.
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